Multiple Choice Questions : Consider the dynamic version of the quantity theory of money. Which variables are exogenous? (Choose one or more.) A The rate of change of the stock of money. B The rate of change of the demand to hold money. C The rate of change of the (exchange) value of money. D The rate of change of the purchasing power of money. E The inflation rate.

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter15: Monetary Theory And Policy
Section: Chapter Questions
Problem 3.7P
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Multiple Choice Questions :

Consider the dynamic version of the quantity theory of money. Which variables are exogenous?
(Choose one or more.)
A The rate of change of the stock of money.
B The rate of change of the demand to hold money.
C The rate of change of the (exchange) value of money.
D The rate of change of the purchasing power of money.
E The inflation rate.

 

Consider the simple quantity theory of money. Which variables are exogenous?
(Choose one or more.)
A The stock of money.
B The demand to hold money.
C The (exchange) value of money.
D The purchasing power of money.
E The average level of prices.

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Consider the simple quantity theory of money. Which variables are exogenous?
(Choose one or more.)
A The stock of money.
B The demand to hold money.
C The (exchange) value of money.
D The purchasing power of money.
E The average level of prices.

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